STAROIL DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 21408042
Bredgade 30, 1260 København K
tel: 33911235
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Company information

Official name
STAROIL DENMARK A/S
Established
1998
Company form
Limited company
Industry

About STAROIL DENMARK A/S

STAROIL DENMARK A/S (CVR number: 21408042) is a company from KØBENHAVN. The company recorded a gross profit of -1.4 kUSD in 2022. The operating profit was -1.4 kUSD, while net earnings were -3.7 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. STAROIL DENMARK A/S's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-5.17-1.45-1.41
EBIT-5.00-4.93-5.17-1.45-1.41
Net earnings-4.49-5.47-8.44-0.61-3.67
Shareholders equity total571.41565.94557.50556.88553.21
Balance sheet total (assets)1 068.461 062.691 054.741 054.131 050.46
Net debt451.14451.40457.56455.64459.06
Profitability
EBIT-%
ROA-0.5 %-0.5 %-0.5 %0.0 %-0.1 %
ROE-0.8 %-1.0 %-1.5 %-0.1 %-0.7 %
ROI-0.5 %-0.5 %-0.5 %0.0 %-0.1 %
Economic value added (EVA)-30.94-30.11-31.58-27.66-27.49
Solvency
Equity ratio53.5 %53.3 %52.9 %52.8 %52.7 %
Gearing86.4 %86.9 %88.5 %88.6 %89.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.12.12.12.1
Current ratio2.12.12.12.12.1
Cash and cash equivalents42.3540.3435.9437.8634.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-0.13%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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